Categories: Ethereum

Fire Lotto: Blockchain-Based Lottery Platform Announces Its Next Jackpot Win

Click here to view original web page at www.livebitcoinnews.com

Fire Lotto, the world’s first truly decentralised lottery platform, today announced that its next jackpot is likely to be won any minute from now. During the announcement, the firm reiterated that the jackpot in this lottery has already been won four times. Moreover, the winners have long received their money. Fire Lotto runs a 4×20 lottery on a blockchain platform.

Announcing the imminent win, Fire Lotto CEO said

“From a mathematical viewpoint, the probability of winning the jackpot in the 4×20 lottery is 1:4,845. Currently, 23,758 tickets have already been sold. Therefore, working on a rough estimation based on the tickets sold rather than the number of unique combinations available, it is clear that the next jackpot will be won any time before 24,225 tickets are sold.”

The size of the Fire Lotto jackpot is essential when compared to the cost of the ticket. Fire Lotto players wishing to win the prize should know that the expected payoff is 0.003 * 4,845 = ETH 14.535. And, this does not include payouts for those players who matched two or three numbers. Clearly, the next jackpot will soon scale to above ETH 11! For a 4×20 lottery, this is incredible. And, this could happen even tomorrow! Given the 1 in 4,845 chance to hit the jackpot, the players pay less for a ticket than what they receive.

Mathematically, it is a proven fact that 4×20 lottery is favourable for a player who pays ETH 0.003 ($0.6) for the chance to win, for example, ETH 15 ($3,000). Since Fire Lotto blockchain lottery relies on Ethereum smart contracts, players can always be guaranteed of fair play, instant payments to players, and anonymity granted to winners. Play, win, and make your dreams come true!

About Fire Lotto

FireLotto.io is the world’s first truly decentralised lottery platform based on Ethereum blockchain and managed by smart contracts. Fire Lotto provides two types of lottery: a draw lottery and an instant win. The lottery platform features a licenced crypto exchange with a user-friendly interface to allow users to buy lottery tickets with fiat and cryptocurrency.

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

Ripple Gives One Billion XRP to Former CTO Startup, Plus Paying For Publicity

Ripple Labs, the company behind XRP, has given for free some 1 billion XRP, worth $270 million, to a company… Read More

3 hours ago

54% of Bitcoin Volume on “Lower Quality Exchanges”: Report

The vast majority of the world’s cryptocurrency trading volume is in the hands of “lower quality exchanges”, while the world’s… Read More

3 hours ago

Bitcoin is Used more by Civilians than Some Bankers, Lawmakers or Terrorists

In many countries, including Palestine and the entire world at large, Bitcoin is used more by civilians than some bankers… Read More

3 hours ago

Billionaire Investor Tim Draper Claims Bitcoin Prices Will Hike Upto $250,000 By 2022

Very rich person Investor Tim Draper Claims Bitcoin Prices Will Hike up to $250,000 by 2022Bitcoin (BTC) may proceed to… Read More

3 hours ago

Bitcoin (BTC) mining giant Bitmain firm announces purchasing more crypto mining chips that subject to a potential profit of $1.2 billion

Risk Disclaimer - By using this web site you agree to its terms and conditions. All materials, including but not… Read More

3 hours ago

Squeaky-Clean Apple Is Quietly Pummeling Its FAANG Stock Buddies

Apple stock is brushing off a decline in iPhone sales while continuing to make gains in 2019. | Source: REUTERS/Joshua… Read More

3 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More